Boys and Girls Club of Venice, Inc.

ECONOMIC IMPACT REPORT SUMMARY

During the summer of 2010, Boys & Girls Clubs of America—Los Angeles County Alliance commissioned a study by Damooei Global Research to understand the monetary and economic value of the Boys & Girls Clubs within LA County. The report focused on several mechanisms and services through which the Boys & Girls Clubs within Los Angeles County creates economic value in the region. The study compared the aggregate budget ($48.3M) of the Boys & Girls Clubs with a positive impact that it generates in the community. This framework allowed for a cost-benefit analysis based on the economic impact on stakeholders including Club members, parents and the community.

Using data collected though stakeholder surveys and a review of publicly available information, the report placed a monetary value on the five following areas considered for the study:

1. INCREASED HIGH SCHOOL GRADUATION RATES
2. JUVENILE CRIME PREVENTION
3. REDUCTION IN TEEN MOTHERHOOD
4. IMPROVED PARENTAL ABILITY TO WORK AND GO TO SCHOOL
5. VALUE OF ECONOMIC OUTPUT, JOBS AND TAX REVENUE

THE SUMMARY:
The Annual Return on Investment is at least 1642%!
FOR EVERY $1 INVESTED, THE BOYS & GIRLS CLUBS WITHIN LOS ANGELES COUNTY GENERATE $16.42 OF POSITIVE ECONOMIC IMPACTS FOR THE COMMUNITY. THIS TREMENDOUS RATE OF RETURN IS A TESTAMENT TO THE VITAL ROLE THE CLUBS PLAY IN SHAPING THE LIVES AND FUTURES OF CLUB MEMBERS AND THEIR PARENTS.

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